Dec / 09

1. A check card is also known as a _____. (1 point)?

                        1.   A check card is also known as a _____.  (1 point)
credit card
charge card
debit card
card advance
2.   _____ by credit card companies are meant to get you to use the credit card.  (1 point)
Bargains
Discounts
Incentives
Pre-approved applications
3.   You have a credit card with a balance of $1,758.64. The interest is 12.75% APR. A late payment fee of $35.00 is added to the principal if you pay after 12/20. You make a payment for $100.00 on 12/20. How much interest did you pay?  (1 point)
$224.23
$18.69
$211.48
$17.62
4.   Using the information from problem #3, you missed your payment but pay $100.00 on the 15th day after the new bill. How much goes toward the principal amount?  (1 point)
none
$100.00
$81.12
$80.74

ok so these are my answers #1 debit card
                                          #2 pre-approved applications.
                                          #3 $18.69
                                          #4 $81.12
Answer